Nataro, Incorporated, has sales of $670,000, costs of $337,000, depreciation expense of $82,000, interest expense of $47,000, and a tax rate of 24 percent. The firm paid out $77,000 in cash dividends and has 36,800 shares of common stock outstanding. a. What is the earnings per share, or EPS, figure? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the dividends per share figure? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Earnings per share b. Dividends per share
Nataro, Incorporated, has sales of $670,000, costs of $337,000, depreciation expense of $82,000, interest expense of $47,000, and a tax rate of 24 percent. The firm paid out $77,000 in cash dividends and has 36,800 shares of common stock outstanding. a. What is the earnings per share, or EPS, figure? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the dividends per share figure? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Earnings per share b. Dividends per share
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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![Nataro, Incorporated, has sales of $670,000, costs of $337,000, depreciation expense of $82,000, interest
expense of $47,000, and a tax rate of 24 percent. The firm paid out $77,000 in cash dividends and has
36,800 shares of common stock outstanding.
a. What is the earnings per share, or EPS, figure?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,
32.16.
b. What is the dividends per share figure?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,
32.16.
a. Earnings per share
b. Dividends per share](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd919daec-3d19-4b72-87f0-41db6c6aae64%2F545c41ff-9b67-439f-b2d9-326aba824db8%2Fz0p8xl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Nataro, Incorporated, has sales of $670,000, costs of $337,000, depreciation expense of $82,000, interest
expense of $47,000, and a tax rate of 24 percent. The firm paid out $77,000 in cash dividends and has
36,800 shares of common stock outstanding.
a. What is the earnings per share, or EPS, figure?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,
32.16.
b. What is the dividends per share figure?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,
32.16.
a. Earnings per share
b. Dividends per share
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